The mission of the Scarsdale Foundation
is to promote civic welfare in the community of Scarsdale by:

providing support for institutions and
individuals that encourage educational and human development
as well as mutual understanding; and

recognizing those individuals in our community
who through volunteer service continue to set an example of
civic responsibility toward the betterment of the community.

HISTORY, GRANTS, AND FUND ADMINISTRATION

The Scarsdale Foundation was founded in 1923
by a Declaration of Trust, in which several local banks joined to collect
and administer a fund for the family of a Scarsdale police officer who
had been killed in the line of duty. The Scarsdale Foundation was incorporated
by an Act of the New York State Legislature in 1930. The Foundation
now operates as a 501(c)(3) entity under the provisions of the New York
State Not-for-Profit Corporation law, under authority of special legislation
enacted in 2000 as a result of the good efforts of our then Assemblywoman,
Audrey Hochberg, and our State Senator, Suzi Oppenheimer.

Over the years, the Foundation has extended
the breadth of its giving. Financial aid is available to children attending
the Scarsdale Recreation Department summer day camp. Need-based college
scholarships are available to students entering their sophomore, junior,
and senior years of college who were graduates of Scarsdale High School
or resided in Scarsdale during their high school years. The Foundation also
makes specific grants for civic purposes, including significant recent
grants to the Scarsdale Volunteer Ambulance Corps and the Scarsdale-Edgemont
Family Counseling Service.

The Foundation also administers a number
of educational assistance funds (see Funds We Administer).
These include the Casey Ferrone Memorial Fund, the Kathy Froelich Memorial
Fund, the Delany Fund, the Corbin Scholarship Fund, the Dartmouth Fund,
and the Harvard Book Award; and several community service funds, including
the Frank J. and Ruth P. Galvin Fund, the Scarsdale School Personnel
and Family Assistance Fund, and the Billy Safian Humanitarian Fund.

The Scarsdale Foundation is the presenter of the Scarsdale Bowl award, given annually to a citizen who has contributed outstanding volunteer service to the community. The 2018 honoree, Beverley D. Sved, is a dedicated community volunteer. Beverley Sved, former Mayor, has been contributing to the civic life of Scarsdale over 30 years and has led myriad community organizations and projects with calmness, clarity, and consensus. The Village Board of Trustees, the Planning Board, SNAP and the Overhill Neighborhood Association, the Procedure Committee, the Scarsdale Forum, the League of Women Voters of Westchester, the Westchester County Historical Society, Scarsdale Edgemont Family Counseling Service, and United Way have all benefited from her volunteering efforts and energy..

Thanks to the generosity of Scarsdale residents
past and present, the assets of the Foundation have grown in recent
years to approximately $2.4 million at the end of FY 2016-2017. In 2018, the
Scarsdale Foundation awarded $132,000 in scholarship monies for the
2018-2019 school year.